The Pensions Regulator (TPR) used its formal powers to ensure employers comply with their automatic enrolment duties on 23 separate occasions up to the end of June this year.
The watchdog's first quarterly compliance and enforcement bulletin showed the watchdog had used its powers on twenty three occasions up until the end of June this year. The regulator has the power to carry out inspections and to issue statutory notices including fixed penalty and escalating fines of up to £10,000 per day. TPR executive director of automatic enrolment Charles Counsell (pictured) said: "To date the vast majority of employers are complying with their new workplace pension duties without the regulator needing to use our enforcement powers. "I believe this is a testamen...
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